Shares of IMI plc (LON:IMI) have earned an average recommendation of “Hold” from the twenty analysts that are covering the company. Two analysts have rated the stock with a sell recommendation, seventeen have given a hold recommendation and one has given a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is GBX 957.65 ($12.50).
Several equities analysts have recently commented on IMI shares. Credit Suisse Group AG started coverage on shares of IMI plc in a research note on Tuesday, September 20th. They set a “neutral” rating and a GBX 1,020 ($13.31) price objective for the company. HSBC downgraded shares of IMI plc to a “hold” rating and set a GBX 1,000 ($13.05) price objective for the company. in a research note on Thursday, June 30th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 990 ($12.92) price objective on shares of IMI plc in a research note on Monday, August 22nd. Jefferies Group upped their price objective on shares of IMI plc from GBX 955 ($12.47) to GBX 1,090 ($14.23) and gave the company a “hold” rating in a research note on Wednesday, August 31st. Finally, BNP Paribas reaffirmed a “neutral” rating and set a GBX 930 ($12.14) price objective on shares of IMI plc in a research note on Wednesday, July 13th.
IMI plc (LON:IMI) opened at 1074.00 on Thursday. IMI plc has a 52-week low of GBX 717.00 and a 52-week high of GBX 1,111.00. The firm’s 50 day moving average is GBX 1,073.65 and its 200 day moving average is GBX 1,003.06. The company’s market cap is GBX 2.91 billion.
The company also recently declared a dividend, which was paid on Friday, September 16th. Stockholders of record on Thursday, August 11th were issued a dividend of GBX 14 ($0.18) per share. This represents a dividend yield of 1.31%. The ex-dividend date was Thursday, August 11th.
About IMI plc
IMI plc is a United Kingdom-based specialist engineering company. The Company is engaged in designing, manufacturing and servicing engineered products that control the precise movement of fluids. The Company operates though the following segments: IMI critical engineering, which provides flow control solutions; IMI precision engineering, which specializes in developing motion and fluid control technologies, and IMI hydronic engineering, which is engaged in designing and manufacturing technologies that delivers heating and cooling systems to the residential and commercial building sectors.
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